...Product Overview Fitbit was founded by James Park and Eric Friedman in 2007 since then Fitbit has grown into one of the most popular wireless activity trackers. Fitbit’s mission is to inspire people to live a healthier and more active lifestyle. Fitbit Flex is “a wristband that makes fitness fashionable.” Fitbit uses wireless technology to track all-day activity such as, how many steps you have taken, the distance you have traveled, how many calories you have burned, how many minutes you were active, and a sleep monitor to tell you how long and well you slept. Fitbit Flex comes with two band sizes, small and large made from a flexible material that provides all day comfort; the bands are interchangeable and come in different colors. Fitbit currently has six different types of wireless activity trackers you can buy, along with a “wi-fi smart” scale for continuous tracking of your weight loss. Consumers can track their activity through an app that is downloadable on any smart phone to keep track of how many steps are being taken, calories in and out, and tracking what foods they consume. As well as tracking on your smart phone you can also track your activity through a dashboard online to see what your latest statistics for the day are. Industry/Business Fitbit is currently sold in over 50 countries and is being sold in over 45,000 retail outlets. “Fitbit can be synced with over 150 mobile devices and currently boasts the largest community of connected...
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...Flex 3: ™ A Beginner’s Guide Michele E. Davis Jon A. Phillips New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2008 by The McGraw-Hill Companies. All rights reserved. Manufactured in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. 0-07-160364-6 The material in this eBook also appears in the print version of this title: 0-07-154418-6. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw-hill.com or (212) 904-4069. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as...
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...JET2 Task 2 A1. Concerns There are many concerns with the budget planning for Competition Bike. From year 2006 to 2008, Competition Bike experienced a 13.3% increase in sales. In year 9, sales are projected to increase to 3510 units to give sales revenue of $5,247,450. This is a bold increase after 3400 units sold in 2008 and 4000 sold in 2007. I do not think the sales will be as robust with the economy rebounding. Sales projections should be 3425 with net sales at $5,120,375. Since the Competition Bike Company projected overly optimistic sales, there are several areas in the budget that will be affected. The areas affected are Sales Commission, Transportation Out, Advertising, Research and Development, Raw Materials, and Labor. * Sales Commission: With commissions budgeted for 3% of sales revenue, this amount is budgeted too high since the budgeted net sales is inflated * Advertising: This expense line will be incorrect due to it being based on 2% of the Gross Margin. The Gross Margin will be off due to inflated projections. * Raw Materials: Due to inflated sales projections, the raw materials cost should be lowered to reflect a realistic net sales projection. * Labor: Labor cost should be reduced due to fewer hours being used with my projection of fewer units being sold as compared to the 2009 projections. It takes 15 hours/unit, so with fewer than projected sales, this should be reduced. * Transportation Out: Since the projected sales...
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...Here are the summaries of the video conferencing. Part A (i) - Identify the current budgeting approach adopted by United Consultancy - Discuss the advantages and disadvantages of current budgeting approach used by United Consultancy ( to answer part A(i), you don't have to prepare the flex budget. All you need to do is to comment on the limitations of the fixed budget presented in relation to the variance analysis) Part A (ii) - you need to comment on the limitations of the existing operating statements presented - No calculation required Part b - you might want to start with the briefly explanation on the differences between fixed and flexed budget - discuss the limitations of the fixed budget - discuss why flexed budget is useful - discuss the step by step on how the spreadsheet software can be used to setup the flexed budget - in the step by step, you need to clearly identify the format required and the formula need to be included so that the user to key in the budget, and actual and the system will automatically calculate the flexed budget and the variance. - Remember in flexed budget: only the variable cost need to be recalculated. Part C - You need to explain clearly whether the zero based budgeting is suitable for United Consultancy (for each justification, the example should be provided) - you need to discuss the advantages and disadvantages of zero based budgeting - for each of the advantage and disadvantage, you need to provide example. Remember:...
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...looking at a budget there are many factors to discuss and apply. The Guillermo Furniture Company has been a staple in Mexico for numerous years. Guillermo will have to use the correct reports relating to both performance and budgets in many different ways. Guillermo's competitor has updated machinery and budget. The competitor has forced Guillermo to look at his budget, sales forecast, and analysis of ethical considerations in the preparation, use of the budget and ethical code of ethics. The authors of this paper will provide Guillermo’s Furniture Store with the tools needed to make decisions based on data using performance and budget reports. Sales Forecasts: Risks and Organizational Success Sales budget is the foundation of budgeting and the accuracy of this budget relies heavily on the accuracy of budgeted sales. Managers prepare the departmental budgets monthly based on the sales forecast. Several factors contributes to creating sales forecast, which are past patterns of sales, estimates made by the sales force, general economic conditions, competitors’ actions, changes in firm prices, changes in product mix, market research studies, advertising, and sales promotion plans. Specifically in Guillermo’s case, the four challenging instance to creating his sales forecast is in the 1990s, when foreign competition provided furniture to exact specifications at very low prices. Enabling Guillermo to make an accurate sales forecasts that could skew the budget. Second...
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...and video, and it can capture user input via mouse, keyboard, microphone, and camera. Flash contains an object-oriented language called ActionScript and supports automation via the JavaScript Flash language (JSFL). Flex Adobe Flex is a software development kit (SDK) released by Adobe Systems for the development and deployment of cross-platform rich Internet applications based on the Adobe Flash platform. Flex applications can be written using Adobe Flash Builder or by using the freely available Flex compiler from Adobe. In February 2008, Adobe released the Flex 3 SDK under the open source Mozilla Public License and so Flex applications can be developed using any standard IDE, for example Eclipse. On November 17th, 2011, Adobe officially open-sourced Flex and donated it to the Apache Software Foundation. Flex SDK includes the Flex framework (also known as the Flex class library), Flex command-line compilers, the Flex debugger, the ASDoc utility, and the debugger version of Adobe® Flash® Player and Adobe® AIR® runtimes. Use the Flex SDK to develop, compile, and deploy Flex applications that connect to XML and SOAP web services or connect to various server technologies such as PHP, Adobe® ColdFusion®, Java, and .NET using a server technology such as BlazeDS. Flex applications can be built and configured to target browsers via the Flash Player runtime and desktops or mobile devices via the AIR runtime....
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...ADOBE SYSTEMS INCORPORATED اﺗﻔﺎﻗﻴﺔ رﺧﺼﺔ ﺑﺮﻧﺎﻣﺞ آﻤﺒﻴﻮﺗﺮ ﺷﺨﺼﻲ 1. اﻹﻗﺮار ﺑﻌﺪم اﻟﻤﺴﺆوﻟﻴﺔ ﻓﻲ اﻟﻀﻤﺎن واﺗﻔﺎﻗﻴﺔ اﻻﻟﺘﺰام واﻟﺸﺮوط واﻷﺣﻜﺎم اﻹﺿﺎﻓﻴﺔ. 1-1 اﻹﻗﺮار ﺑﻌﺪم اﻟﻤﺴﺆوﻟﻴﺔ ﻓﻲ اﻟﻀﻤﺎن. ُﺴﻠﻢ ﻟﻚ اﻟﺒﺮﻧﺎﻣﺞ وﻣﻌﻠﻮﻣﺎت أﺧﺮى "آﻤﺎ هﻲ" وﺑﺠﻤﻴﻊ اﻟﻌﻴﻮب. ﻻ ﺗﻜﻔﻞ، وﻻ ﺗﺴﺘﻄﻴﻊ أن ﻳ ﺗﻜﻔﻞ، ﺷﺮآﺔ ،Adobeوﻣﻮردوهﺎ وﺟﻬﺎت ﻣﻨﺢ اﻟﺘﺮﺧﻴﺺ ﺑﺎﺳﻤﻬﺎ، اﻷداء أو اﻟﻨﺘﺎﺋﺞ اﻟﺘﻲ ﻳﻤﻜﻦ أن ﺗﺤﺼﻞ ﻋﻠﻴﻬﻤﺎ ﻣﻦ ﺧﻼل اﺳﺘﺨﺪام اﻟﺒﺮﻧﺎﻣﺞ، ﺧﺪﻣﺎت ﺳﻠﻄﺔ ﻣﻨﺢ اﻟﺘﺮﺧﻴﺺ أو ﻋﺮوض أي ﻃﺮف ﺛﺎﻟﺚ ﺁﺧﺮ. وﺑﺎﺳﺘﺜﻨﺎء ﻣﺎ ﻳﻜﻮن ﺧﺎﺻﺎ ﺑﺄي ﺿﻤﺎن أو ﺷﺮط أو ﺗﻌﻬﺪ أو ً ﺷﺮط ﻻ ﻳﻤﻜﻦ اﺳﺘﺜﻨﺎؤﻩ أو ﺗﺤﺪﻳﺪﻩ ﺑﻤﻮﺟﺐ اﻟﻘﺎﻧﻮن اﻟﻤﻌﻤﻮل ﺑﻪ ﻓﻲ ﺟﻬﺔ اﻻﺧﺘﺼﺎص اﻟﻘﻀﺎﺋﻲ اﻟﺘﻲ ﺗﺘﺒﻌﻬﺎ، ﻓﺈن Adobeوﻣﻮر ّﻳﻬﺎ وﺟﻬﺎت د ﻣﻨﺢ اﻟﺘﺮﺧﻴﺺ ﺑﺎﺳﻤﻬﺎ ﻟﻦ ﻳﻘﺪﻣﻮا أﻳﺔ ﺿﻤﺎﻧﺎت أو ﺷﺮوط أو ﺑﻴﺎﻧﺎت ﺗﻤﺜﻴﻞ أو أﺣﻜﺎم، )ﺻﺮﻳﺤﺔ أم ﺿﻤﻨﻴﺔ، ﺳﻮاء ﺑﻤﻮﺟﺐ اﻟﺘﺸﺮﻳﻊ أو اﻟﻘﺎﻧﻮن اﻟﻌﺎم أو اﻟﻌﺮف أو اﻻﺳﺘﺨﺪام أو ﻏﻴﺮ ذﻟﻚ( ﻣﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻳﺔ ﻣﺴﺎﺋﻞ أﺧﺮى، وﻳﺸﻤﻞ ذﻟﻚ وﻟﻜﻨﻪ ﻻ ﻳﻘﺘﺼﺮ ﻋﻠﻰ، ﻋﺪم اﻻﻧﺘﻬﺎك ﻟﺤﻘﻮق أﻃﺮاف ﺛﺎﻟﺜﺔ أو اﻟﻤﻠﻜﻴﺔ أو ﻗﺎﺑﻠﻴﺔ اﻟﻌﺮض ﻟﻠﺴﻮق أو اﻟﺘﻜﺎﻣﻞ أو اﻟﺠﻮدة اﻟﻤﺮﺿﻴﺔ أو اﻟﻤﻼءﻣﺔ ﻷي ﻏﺮض ﻣﺤﺪد وﺧﺎص. ﺗﺴﺮي ﻧﺼﻮص اﻟﺒﻨﺪﻳﻦ 1.1 و01 ﻓﻲ ﺣﺎل إﺑﻄﺎل هﺬﻩ اﻻﺗﻔﺎﻗﻴﺔ، ﺑﻐﺾ اﻟﻨﻈﺮ ﻋﻦ آﻴﻔﻴﺔ ﺣﺪوث ذﻟﻚ، ﻟﻜﻦ ذﻟﻚ ﻻ ﻳﻌﻨﻲ وﻻ ﻳﻨﺸﺄ أي ﺣﻖ ﻣﺘﻮاﺻﻞ ﻻﺳﺘﺨﺪام هﺬا اﻟﺒﺮﻧﺎﻣﺞ ﺑﻌﺪ إﺑﻄﺎل هﺬﻩ اﻻﺗﻔﺎﻗﻴﺔ. 1-2 اﺗﻔﺎﻗﻴﺔ اﻻﻟﺘﺰام: ﻋﻨﺪ ﻗﻴﺎﻣﻚ ﺑﺎﺳﺘﺨﺪام أو ﻧﺴﺦ أو ﺗﻮزﻳﻊ آﻞ أو أي ﺟﺰء ﻣﻦ ﺑﺮﻧﺎﻣﺞ ،Adobeﻓﺄﻧﺖ ﺑﺬﻟﻚ ﺗﻮاﻓﻖ ﻋﻠﻰ وﺗﻘﺒﻞ ﺟﻤﻴﻊ أﺣﻜﺎم وﺷﺮوط هﺬﻩ اﻻﺗﻔﺎﻗﻴﺔ، ﺑﻤﺎ ﻓﻲ ذﻟﻚ، وﻋﻠﻰ وﺟﻪ اﻟﺘﺤﺪﻳﺪ، اﻟﻨﺼﻮص اﻟﺘﺎﻟﻴﺔ: اﻻﺳﺘﺨﺪام )ﺑﻨﺪ 3(ﻧﻘﻞ اﻟﻤﻠﻜﻴﺔ )ﺑﻨﺪ 5(اﻻﺗﺼﺎل ﺑﻴﻦ اﻷﺟﻬﺰة واﻟﺨﺼﻮﺻﻴﺔ )ﺑﻨﺪ 7( ﻳﺸﻤﻞ: ﻋﻤﻠﻴﺎت اﻟﺘﺤﺪﻳﺚ، اﻟﺘﺨﺰﻳﻦ اﻟﻤﺤﻠﻲ، ﻣﺪﻳﺮ اﻹﻋﺪادات، ﺗﻘﻨﻴﺔ اﻻﺗﺼﺎل ﻋﺒﺮ ﺷﺒﻜﺎت ﺑﻤﺴﺎﻋﺪة...
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...FORD FOCUS Visionary. Ingenious. Remarkable. Every car bears his signature. Unlock extra content online. Use an appropriate app on your smartphone or tablet to scan the QR codes in this brochure. The world s best-selling name plate just got even better. The new Focus has a sleek exterior, an elegant new grille, and new state-of-the-art headlights and rear lights. Sit inside and you ll appreciate the enhanced instrument panel and a new-design steering wheel. But it is the new technology such as a parking system that gets you in and out of tight spaces that ensures the most technologically advanced car in its class stays that way. Control Blade independent rear suspension The Ford Focus offers you an addictive driving experience. A key element is the Control Blade independent rear suspension that absorbs both horizontal and vertical rear-wheel movement and provides passive rear wheel steering for increased cornering stability. 6 7 EcoBoost.The story of LESS FUEL MORE POWER. With its turbocharger, direct injection and diamond-like coating on the piston rings, the Ford EcoBoost engine produces the same performance as a larger engine, but with superior fuel economy and lower emissions. The new Ford Focus gives you a choice of three EcoBoost engine sizes: ■ ■ The 1.0-litre EcoBoost The 1.5-litre EcoBoost The 2.0-litre EcoBoost three times winner of International Engine of the Year. all the power and performance of the 1.6-litre ultimate power, available...
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...Before the meeting, opinions about the pressing problems of the day and proposed solutions were sought from the entire staff. The meeting resulted in a formal decision to create a new position, general manager of operations. The partners proceeded to compose a job description and job announcement for recruiting purposes. Highlights and major responsibilities of the job description include: • Supervising day-to-day office personnel and operations (phones, meetings, word processing, mail, billings, payroll, general overhead, and maintenance). • Improving customer relations (more expeditious processing of cases and clients). • Expanding the customer base. • Enhancing relations with the local communities. • Managing the annual budget and related incentive programs. • Maintaining an annual growth in sales of 10 percent while maintaining or exceeding the current profit margin....
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...[pic] Strategic Management Accounting (APC 309) Individual Assignment Part 1/ Question 1 Executive Summary The purpose of this report is to cover one of the most important topics in management accounting and analyze them critically. This topic is about traditional approach of budgeting and budgetary control. Analyzing this topic will help to find the benefits and problems of traditional budgeting in two different business, where they are operating at different business environment. It will also discuss some of the alternative methods of budgeting and how it can suit, where traditional methods are inappropriate. The beyond budgeting concept, by Hope and Fraser (2003) will be discussed to find critical and deep evaluation on the budgeting process. Table of contents Pages Introduction. 01 Traditional budgeting. 02 2.1 Multiple Functions. 02 2.2 Benefits. 03 2.3 Problems. ...
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...Academia.edu Log InSign Up We're trying Google Ads to subsidize server costs. If you are logged in, you won't see ads. Hover to learn more. pdf An Evaluation of the Effectiveness of Public Financial Management Syste… 8 Pages An Evaluation of the Effectiveness of Public Financial Management System being used by Government Departments in Zimbabwe. (2000 – 2011) Uploaded by Donnelie Muzividzi Files 1 of 2 Views 3,402 connect to download READ PAPER Academia.edu An Evaluation of the Effectiveness of Public Financial Management System being used by Government Departments in Zimbabwe. (2000 – 2011) Download Research Journal of Finance and Accountingwww.iiste.org ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online)Vol.4, No.4, 201320exodus from the public sector and from Zimbabwe impacted negatively on the effectiveness of PFMS andaccountability systems, threatening day to day operations from the reform.Some human resources existed but not adequate in numbers and quality to perform some critical functions andoptimal utilization largely due to lack of working facilities.The shortfall has been found to have two dimensions: the technical dimension and the governance dimension. Onthe technical dimension, the effectiveness of the PFMS has been reduced due to failure to maintain the systemand inability to cope with number of digits due to hyper inflation. On the governance dimension, some existingregulations and procedures were not followed...
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.................. 2 1.1. The Basic Concepts of Budget and Budgeting ................................................................ 2 1.2. Definition of Budget ........................................................................................................ 3 1.3. Budgeting and Forecasting .............................................................................................. 4 1.4. Budgeting and Management ............................................................................................ 6 1.5. Budgeting and Planning ................................................................................................... 6 1.5.1 Purposes of Planning and Budgeting systems ................................................................. 7 1.5.2 Limitation of Budgeting................................................................................................. 10 1.5.3 Planning Cycles ............................................................................................................. 11 1.6. Budgeting process (Budget cycle) ................................................................................. 14 1.6.1 Designing the budget ..................................................................................................... 15 1.6.2 Steps in Budgeting Process- Participatory approach ..................................................... 15 1.6.3 Characteristics of a Budget ................................................
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...Prices: It helps the management in fixing selling prices of products or services by providing detailed cost information. 5. Helps in Inventory Control: It helps in inventory by using various techniques such as ABC analysis, Economic Order Quantity, Stock levels, Perpetual Inventory system and Continuous Stock Taking, Inventory Turnover Ratio etc. 6. Helps in Cost reduction: It helps in the introduction of cost reduction programme and finding out new and improved method to reduce costs. 7. Helps in measurements of Efficiency: It helps in measurements of efficiency of operations through establishment of standards and variance analysis. 8. Helps in preparation of Budgets: It helps in the preparation of various budgets such as Sales Budget, Production Budget, Purchase Budget, Man-Power Budget, Overheads budget. 9. Helps in identifying Unprofitable Activities: It helps in identifying unprofitable activities so that the necessary...
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...Discussion Budget, Savings, etc., what are the definitions of these terms? According to an article entitled “Financial Literacy to Everyone” at www.practicalmoneyskills.com, budgeting is plan for your future income and expenditures that you can use as a guideline for spending and saving. Budget came from the old French word “bougette” which means purse. It is practically, a plan and list of all planned expenses and revenue. It is a plan for borrowing, saving, and spending. So why Budget? An average student spends his allowance for books, student housing, tuition fee, and food. These are all expenses encountered not only by students but, in general, most of the people in the world. There are generally three types of expenses usually faced by students, the Academic, Living, and Personal Expenditures or Costs. Academic Costs are usually what eats up the total budget of students. It contains the different expenses that are required in able to carry out a student’s academic life. It varies from tuition fees until the very miniscule expenses utilized for photocopying hand-outs from your professor. Living Costs, on the other hand, are expenses that a student need for day to day living however, indirectly related to academics. These include your expenses in utilities (e.g. electricity, water, and internet bills), personal care expenses (shampoo, soap, etc.), and clothing and food expenses. Lastly, Personal Costs are expenditures that are unique yet still a part of a student’s budget. This...
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...of soap has been fixed at $3.00. The company is in the midst of preparing its budget for 2008 and has furnished the following information. Sales esti mates (in bars of soap): January 120,000 February 150,000 March 100,000 April 120,000 May 140,000 Inventory policy: Closing inventory for finished goods is equal to 20% of next month sales estimates. production requirement. This policy has been maintained since the time the company started its soap production. Required: Prepare the following budgets for the 1st quarter ending March 2008: i) Sales budget ii) Production budget iii) Direct Material Purchase budget (monthly breakdown is not required for this part) Note: Round your answer to the nearest unit or dollar. (3 + 4 + 4 = 11 mar ks) Solution i) Sales budget for the quarter ending March 2008 (3 marks) Month January February March Total Estimated Sales units 120,000 150,000 100,000 370,000 Selling Price per unit $3 $3 $3 Sales Revenue ($) 360,000 450,000 300,000 1,110,000 ii) Production budget for the quarter ending March 2008 (4 marks) Particulars / Month Sales estimates (+) Closing inventory requirement Total requirement (-) Opening inventory Production requirement January 120,000 30,000 150,000 24,000 126,000 February 150,000 20,000 170,000 30,000 140,000 March 100,000 24,000 124,000 20,000 104,000 Total 370,000 24,000 394,000 24,000 370,000 iii) Direct Material Purchases budget for the quarter ending March 2008 (in total) Production requirement for the quarter...
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